earnings
confidence high
sentiment negative
materiality 0.80
Caleres Q2 EPS $0.20 ($0.35 adj); sales $658.5M, down 3.6%; acquires Stuart Weitzman
CALERES INC
2026-Q2 EPS reported
$0.40
revenue$1,272,740,000
- Consolidated sales $658.5M (-3.6% YoY); reported EPS $0.20, adjusted EPS $0.35 (both incl. $0.07 discrete tax benefit).
- Famous Footwear sales -4.9%, comps -3.4%; Brand Portfolio sales -3.5%. Gross margin 43.4% (-210bps).
- Achieved $15M annualized cost savings; amended credit facility extended to June 2030 with $700M capacity.
- Completed Stuart Weitzman acquisition after Q2; fiscal 2025 annual guidance suspended.
- August trends: Famous Footwear comps +1%, Brand Portfolio ex-Stuart Weitzman up low-single digits.
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